Reborn since 1993
Chapter 662 Cunning Rabbit 3 Cave
Chapter 662 Three Cunning Rabbit Cave
Li Dongling withdrew his gaze from Yao Luoying and looked at the people in front of him.
"Old Fu, I don't need to explain Feiyan Technology's hardware business.
In the future, the most important hardware business for Feiyan Technology is the car radio and car audio business. No matter what, Feiyan Technology must seize the market! "
Feiyan Technology's mini radio is still selling very well. After all, the market is there. Before the advent of the smartphone era, there was a market for mini radios.
Mini radios are used by a large number of domestic campus users, factories, retirees and other groups and users. It is also their form of entertainment and tool.
But the mini radio can ensure that Feiyan Technology will not go hungry, but don't count on the profit. This thing is about small profits but quick turnover. If it is sold at a high price, it will not be cost-effective. You might as well watch TV if you have that time.
The profit from selling one multi-functional emergency radio is equal to the profit from selling ten mini radios.
But Feiyan Technology's Dolphin multi-function emergency radio can only be used as an emergency device. Except for those who like outdoor camping and mountain exploration, who would use the handle to generate electricity every day...
The sales volume of Dolphin multi-function emergency radios is basically fixed every year, unless there are some special events, such as hurricanes, floods, earthquakes, etc., which will increase sales, it is basically impossible to sell too many of the rest.
In the future, it is car radios and car audio equipment that will support Feiyan Technology's hardware business. This is a huge market. Not to mention overseas, the sales volume of cars produced in China each year alone starts at tens of millions.
For example, the car radio installed in ordinary cars costs about 100 yuan for the most common one, and the mid-to-high-end ones start at 300 yuan.
As for car audio equipment, the starting price is one thousand yuan, while high-end ones can cost tens of thousands or even hundreds of thousands of yuan.
If Feiyan Technology takes this piece of cake, the car radio and car audio equipment combined will contribute 1100 yuan in revenue to the company.
Even if it could take up one-third of the domestic automobile industry's market share, that would mean billions in revenue every year, which would be enough for Feiyan Technology to live a comfortable life.
Even if Feiyan Technology relies on its old capital and does not launch new products in the future, it can still make a living for more than ten or twenty years...
"I know!"
Fu Cheng nodded heavily. He was naturally a little nervous about suddenly rising to the position and taking over the power, but he also knew that this was a rare opportunity for him.
Not all technical personnel can transition into management positions. Most of them spend their entire lives shuttling between laboratories and factories, working like slaves.
There are very few people like Fu Cheng, who can become the general manager with a technical background, not only in China, but also overseas.
The main reason is that Dongling Hi-Tech is a company that values technical personnel. Otherwise, if it were in other companies, Fu Cheng would most likely be a slave for life, just like how Xicheng Wireless Factory No. 1 treated its technical personnel. When they needed hard labor, they would remember that the good things would never happen to the technical personnel...
After explaining to Fu Cheng, Li Dongling signaled to Tang Jun and walked out of the villa together. Zhou Hualiang, Fu Cheng and others knew that Li Dongling had something to talk to Tang Jun in private.
"In the next few years, the main business of Himalaya Radio will still be in America and old Europe. You will be responsible for these overseas businesses!"
On the surface, Himalaya Radio was established in China, but in fact, Himalaya Radio in Greater China and Himalaya Radio in America are completely two different things!
China's Himalaya Radio follows the same path as its predecessor, Qingting FM, which mainly involves buying audio copyrights of songs, novels, books, etc., and then finding oral producers to turn the copyrights of novels, etc. into audio programs.
However, in the overseas market of America, Himalaya Radio is an original podcast platform. This is because the copyrights here are too expensive and they cannot afford to buy too many copyrights, so they can only take this approach.
In the short term, Himalaya Radio's focus will definitely be overseas, because there are enough Internet market users here and the Internet is developing faster. Of course, there is another reason: making achievements here will more easily stimulate Feiyan Technology's stock price!
“In the future, for every 30% increase in Himalaya users and stock price, Feiyan Technology will reward you with stock options!
If Himalaya's stock price can exceed US$40 per share in the future, I will propose to the Feiyan Technology Board of Directors to reward you with 0.5% of the equity.
If the share price reaches $80, you will get 1% of Feiyan Technology's equity!"
Li Dongling said to Tang Jun, you want someone to take the blame, no, if you want the horse to run faster, you have to feed it. How can it be motivated if it eats grass every day!
Feiyan Technology's current stock price is entirely stimulated by Himalaya Radio, even though its most profitable business is actually the hardware business.
But what most concerns Wall Street institutions and countless investors is Himalaya Radio. No matter how popular Feiyan Technology's radios are or how much money they make, they cannot attract the attention of Wall Street institutions and are still regarded as a sunset industry.
However, Himalaya Radio, which has been losing money, is highly sought after. This is the helplessness, so only by hyping Himalaya Radio can Feiyan Technology's stock price continue to soar. When Tang Jun heard this, he suddenly shuddered. For every 30% increase in the stock price, he can get stock options.
According to Feiyan Technology’s stock price, these 100,000 shares are worth more than 1.8 million US dollars!
It is certainly not easy to make Feiyan Technology's stock price soar by 30%, but if the goal can be achieved, Tang Jun will be able to take away stocks worth one or two million US dollars.
In order to take away 0.5% or even 1% of Feiyan Technology's options, the stock price needs to be hyped up to more than US$40, which means that Feiyan Technology's market value must soar to more than US$ billion.
With a share price of $80, Feiyan Technology's market value had already exceeded the $ billion mark.
Tang Jun felt that it was absolutely impossible, but what if, if he really achieved his goal and got the 0.5% option reward, then with this option, he would be directly promoted to Mr. Ten Million Dollar, becoming the ceiling of global professional managers and a working emperor-level existence.
"Tang Jun, I believe you will not let Feiyan Technology down!"
Li Dongling patted him on the shoulder and said, the pie has been drawn for him, whether he can eat it depends on how he hypes Feiyan Technology.
If he could really drive up the share price of Feiyan Technology to 40 US dollars, or even above 80 US dollars, Li Dongling would never go back on his word and would definitely give him the equity reward without a penny less, thus earning him the title of the working emperor.
He may have made a profit, but Dongling Hi-Tech, as a major shareholder of Feiyan Technology, definitely did not lose money. The higher Tang Jun pushed up the share price of Feiyan Technology, the more Dongling Hi-Tech would make when it cashed out!
In comparison, the equity reward given to Tang Jun is nothing at all.
Furthermore, Tang Jun will definitely have to step to the front and build momentum for Himalaya Radio. If Feiyan Technology's stock price suddenly collapses one day, the one who will be criticized by the outside world will be the head of Himalaya Radio, and no one else can be blamed.
At that time, facing the angry investors, Dongling Hi-Tech can only shed tears and execute Ma Su, and give an explanation to those who bought Feiyan Technology stocks!
As for whether Tang Jun is willing to take the blame and leave with option rewards of thirty to forty million US dollars, which professional manager would not want to take this blame?
"I won't let Mr. Li down!"
Tang Jun took a deep breath and said, it is obvious that Li Dongling wants to give him the power of Himalaya Radio. Such treatment is what many professional managers dream of getting. Compared with his experience at Microsoft, the contrast is too obvious.
There is a lake in the rented villa area. After Tang Jun left, Zhou Hualiang and Li Dongling walked on the wooden board road around the lake.
In the high-end communities in America, the environment is of course great, and the various facilities are just like those in Hollywood movies and TV dramas. Safety is also relatively guaranteed, which is almost a world of difference from the slums.
Looking at the scenery in front of him, Li Dongling didn't know if he would have the chance to see it again in America in the future. After this trip, it cannot be said that Li Dongling has no chance to come to America again in the future, but he probably won't come here easily again.
Especially as Li Dongling's worth becomes higher and higher, the probability of him being targeted by certain people in Angsa and Hebrew in America will increase.
America is not Dongling Hi-Tech's home ground after all. A gentleman does not stand under a dangerous wall. Li Dongling is unwilling to take risks like this to test Angsa's humanity. What's the difference between that and throwing a meat bun at a dog...
"From now on, you need to pay more attention to Dongling Hi-Tech's North American headquarters!"
Looking at the lake and various facilities such as FarEasTone's golf course, Li Dongling said to Zhou Hualiang, the president of Dongling Hi-Tech North America.
However, when he heard this, he always had a strange feeling in his heart. He always felt that the North American headquarters of Dongling Hi-Tech, where he worked, might cease to exist at any time. This made Zhou Hualiang feel very strange.
By the way, although Tanglin North America is not Tanglin's most profitable company overseas, it ranks among the top two in Tanglin's overseas market, second only to Tanglin's market in old Europe.
In terms of overseas markets, Dongling Hi-Tech regards Southeast Asia as its back garden, old Europe as its most important overseas market, and America and North America rank second in Dongling Hi-Tech's overseas markets.
This is completely different from the positioning of many companies. Domestic companies including Japan and South Korea are proud to enter the Americas, the world's largest market. However, Dongling Hi-Tech pays more attention to the old European market and wants to build it into its base.
"How is the construction of Tanglin Hi-Tech North America, an operations and assembly center outside of America, going?"
A cunning rabbit has three burrows. In the North American market, Li Dongling will not put all his eggs in the American plate to prevent being squeezed by America and causing the complete collapse of Dongling Hi-Tech's market in North America.
(End of this chapter)
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